MISTRAS Group Appoints Hani Hammad as Chief Operating Officer (COO)
MISTRAS Group (NYSE: MG) has appointed Hani Hammad as Chief Operating Officer (COO), effective January 1, 2025. Hammad, who will continue serving as Executive Vice President, will report to recently hired CEO Natalia Shuman. In his role, Hammad will focus on driving operational excellence, strategic growth, and innovation while overseeing services and data analytics solutions.
Hammad previously served as Chief Transformation Officer and was key in implementing the Project Phoenix EBITDA Improvement Program, which identified over $47M in annual run rate EBITDA improvement opportunities. His background includes experience at AlixPartners, where he specialized in operational and financial transformations.
Il Gruppo MISTRAS (NYSE: MG) ha nominato Hani Hammad come Chief Operating Officer (COO), con effetto dal 1 gennaio 2025. Hammad, che continuerà a ricoprire il ruolo di Executive Vice President, riporterà alla recentemente assunta CEO Natalia Shuman. Nel suo ruolo, Hammad si concentrerà sull'eccellenza operativa, sulla crescita strategica e sull'innovazione, supervisionando i servizi e le soluzioni di analisi dei dati.
In precedenza, Hammad ha ricoperto il ruolo di Chief Transformation Officer ed è stato fondamentale nell'implementazione del Programma di Miglioramento EBITDA del Progetto Phoenix, che ha identificato oltre 47 milioni di dollari in opportunità di miglioramento del tasso di EBITDA annuale. La sua esperienza include un periodo presso AlixPartners, dove si è specializzato in trasformazioni operative e finanziarie.
El Grupo MISTRAS (NYSE: MG) ha nombrado a Hani Hammad como Director de Operaciones (COO), con efecto a partir del 1 de enero de 2025. Hammad, quien continuará como Vicepresidente Ejecutivo, reportará a la recientemente contratada CEO Natalia Shuman. En su cargo, Hammad se centrará en impulsar la excelencia operativa, el crecimiento estratégico y la innovación, supervisando los servicios y las soluciones de análisis de datos.
Hammad anteriormente se desempeñó como Director de Transformación y fue clave en la implementación del Programa de Mejora EBITDA del Proyecto Phoenix, que identificó más de 47 millones de dólares en oportunidades de mejora del EBITDA anual. Su experiencia incluye un tiempo en AlixPartners, donde se especializó en transformaciones operativas y financieras.
미스트라스 그룹 (NYSE: MG)는 하니 하마드를 COO(최고 운영 책임자)로 임명하였으며, 임기는 2025년 1월 1일부터 시작된다. 하마드는 계속해서 부사장직을 유지하며, 최근에 채용된 CEO 나탈리아 슈만에게 보고할 것이다. 그의 역할에서 하마드는 운영의 우수성, 전략적 성장, 혁신을 추진하면서 서비스와 데이터 분석 솔루션을 감독하는 데 집중할 것이다.
하마드는 이전에 변환 최고 책임자 역할을 맡았으며, 프로젝트 피닉스 EBITDA 개선 프로그램의 구현에 중요한 역할을 했다. 이 프로그램은 연간 4700만 달러 이상의 EBITDA 개선 기회를 식별했다. 그의 경력에는 알릭스파트너스에서 운영 및 재무 변환 전문으로 일한 경험이 포함된다.
Le Groupe MISTRAS (NYSE: MG) a nommé Hani Hammad au poste de Chief Operating Officer (COO), à compter du 1er janvier 2025. Hammad, qui continuera de servir en tant que Vice-Président Exécutif, rendra compte à la nouvelle CEO Natalia Shuman. Dans son rôle, Hammad se concentrera sur l'excellence opérationnelle, la croissance stratégique et l'innovation tout en supervisant les services et les solutions d'analyse de données.
Auparavant, Hammad a occupé le poste de Chief Transformation Officer et a joué un rôle clé dans la mise en œuvre du Programme d'Amélioration EBITDA du Projet Phoenix, qui a identifié plus de 47 millions de dollars d'opportunités d'amélioration de l'EBITDA annuel. Son expérience comprend un passage chez AlixPartners, où il s'est spécialisé dans les transformations opérationnelles et financières.
Die MISTRAS Group (NYSE: MG) hat Hani Hammad zum Chief Operating Officer (COO) ernannt, mit Wirkung zum 1. Januar 2025. Hammad, der weiterhin als Executive Vice President tätig sein wird, wird an die neu eingestellte CEO Natalia Shuman berichten. In seiner Rolle wird sich Hammad auf betriebliche Exzellenz, strategisches Wachstum und Innovation konzentrieren und dabei die Dienstleistungen und Datenanalyselösungen überwachen.
Zuvor war Hammad Chief Transformation Officer und spielte eine Schlüsselrolle bei der Implementierung des Project Phoenix EBITDA Improvement Program, das über 47 Millionen Dollar an jährlichen EBITDA-Verbesserungsmöglichkeiten identifizierte. Sein beruflicher Hintergrund umfasst Erfahrungen bei AlixPartners, wo er sich auf betriebliche und finanzielle Transformationen spezialisiert hat.
- Project Phoenix identified $47M in annual run rate EBITDA improvement opportunities
- Appointment brings operational transformation expertise to executive leadership
- Strategic focus on high-margin growth areas and operational efficiency
- None.
PRINCETON JUNCTION, N.J., Dec. 12, 2024 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (NYSE: MG)—a leading "one source" multinational provider of integrated technology-enabled asset protection solutions, is pleased to announce the appointment of Hani Hammad as the Company’s Chief Operating Officer (COO), effective January 1, 2025. This appointment follows the recent hiring of Natalia Shuman as the Company’s President and Chief Executive Officer (CEO), to whom Mr. Hammad will report directly. In addition to his role as COO, Mr. Hammad will continue serving as MISTRAS Group Executive Vice President.
Spearheading Operational Excellence
In his role as COO, Mr. Hammad will continue to drive operational excellence, strategic growth, and a culture of innovation at MISTRAS Group. Working closely with both executive and operational management, Mr. Hammad will shape and implement strategies that expand market share by delivering exceptional customer value while overseeing the company’s services and data analytics solutions.
MISTRAS Group Executive Chairman of the Board, Manuel (Manny) N. Stamatakis, commented, “With his value-creation approach to operational leadership, Mr. Hammad consistently uncovers growth opportunities and drives impactful changes that accelerate our organizational progress. The Board of Directors and I are confident in his ability to generate high-margin value for MISTRAS Group and our shareholders.”
“MISTRAS Group leads the industry due to the strength and expertise of our operational teams,” Hani Hammad stated. “My role is to enhance our resources' position to succeed, emphasizing continuous improvement through innovation and delivering differentiated, high-value solutions that meet our customers' evolving needs.”
An Architect of Efficiency and Effectiveness
Mr. Hammad joined MISTRAS Group after a tenure with global consultancy firm AlixPartners and recently served as MISTRAS Group’s Chief Transformation Officer (CTO). He has been pivotal in identifying and executing transformational value-creation opportunities, leading various process efficiency and organizational optimization initiatives, and driving MISTRAS’ investments in high-margin growth areas. The goal now is to further engrain the transformational, continuous improvement culture initiated by Project Phoenix into the company’s day-to-day operations on a permanent basis. This will help create additional value creation opportunities while sustaining the progress already made.
He was instrumental in designing and managing MISTRAS Group’s Project Phoenix EBITDA Improvement Program, which identified over
About MISTRAS Group, Inc. - One Source for Asset Protection Solutions®
MISTRAS Group, Inc. (NYSE: MG) is a leading "one source" multinational provider of integrated technology-enabled asset protection solutions, helping to maximize the safety and operational uptime for civilization’s most critical industrial and civil assets.
Backed by an innovative, data-driven asset protection portfolio, proprietary technologies, strong commitment to Environmental, Social, and Governance (ESG) initiatives, and a decades-long legacy of industry leadership, MISTRAS leads clients in the oil and gas, aerospace and defense, renewable and nonrenewable power, civil infrastructure, and manufacturing industries towards achieving operational and environmental excellence. By supporting these organizations that help fuel our vehicles and power our society; inspecting components that are trusted for commercial, defense, and space craft; building real-time monitoring equipment to enable safe travel across bridges; and helping to propel sustainability, MISTRAS helps the world at large.
MISTRAS enhances value for its clients by integrating asset protection throughout supply chains and centralizing integrity data through a suite of Industrial IoT-connected digital software and monitoring solutions. The company’s core capabilities also include non-destructive testing field and in-line inspections enhanced by advanced robotics, laboratory quality control and assurance testing, sensing technologies and NDT equipment, asset and mechanical integrity engineering services, and light mechanical maintenance and access services.
For more information about how MISTRAS helps protect civilization’s critical infrastructure and the environment, visit https://www.mistrasgroup.com/.
Contact:
Nestor S. Makarigakis
Group Vice President, Marketing and Communications
MISTRAS Group, Inc.
+1 (609) 716-4000
FAQ
When will Hani Hammad start as COO of MISTRAS Group (MG)?
How much EBITDA improvement did MG's Project Phoenix identify?
What is Hani Hammad's previous role at MISTRAS Group (MG)?
What will be Hammad's main responsibilities as COO of MG?
Who will Hani Hammad report to at MISTRAS Group?
